# China invests RM6b for hydro treated vegetable oil and sustainable aviation fuel in Malaysia

> Malaysia's Prime Minister Ismail Sabri Yaakob announced RM6 billion in Chinese investment to produce hydro-treated vegetable oil and sustainable aviation fuel. The project involves Chinese state-owned firms working with Malaysian companies and MPOB, and will create 1,000 jobs.

- Date: 2022-07-26 · published 2022-07-26T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/15809-china-invests-rm6b-for-hydro-treated-vegetable-oil-and-sustainable-aviation
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

New HVO and SAF capacity could eventually divert palm-based feedstock toward renewable fuels, but the factories are not yet operating. The near-term price effect is minimal.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-03-15 | [The Case for Global Sustainability Standards for Vegetable Oils \| Global Policy Journal](https://feedsoft.ai/events/48157-the-case-for-global-sustainability-standards-for-vegetable-oils-global-policy.md) | -3.0% | -9.4% |
| PALMOIL | 2018-11-07 | [Forests Week: A poster child for deforestation, palm oil is slowly moving towards sustainability - EIA](https://feedsoft.ai/events/62075-forests-week-a-poster-child-for-deforestation-palm-oil-is-slowly-moving-towards.md) | -4.4% | -5.5% |
| PALMOIL | 2019-05-27 | [Malaysia, Indonesia to talk on retaliatory moves for palm oil](https://feedsoft.ai/events/58959-malaysia-indonesia-to-talk-on-retaliatory-moves-for-palm-oil.md) | -0.1% | -0.3% |
| PALMOIL | 2017-03-29 | [Palm oil and deforestation: closing the gap between commitments and actions - Roundtable on Sustainable Palm Oil (RSPO)](https://feedsoft.ai/events/72019-palm-oil-and-deforestation-closing-the-gap-between-commitments-and-actions.md) | -5.4% | -7.4% |
| PALMOIL | 2026-03-07 | [Palm Oil Magazine - Indonesia Adjusts Palm Oil Export Levy to Strengthen Sustainable Plantations and Energy Self-Sufficiency - Palm Oil Magazine](https://feedsoft.ai/events/15487-palm-oil-magazine-indonesia-adjusts-palm-oil-export-levy-to-strengthen.md) | +3.6% | +8.6% |

## Sources

- nst.com.my: https://www.nst.com.my/news/nation/2022/07/816528/china-invests-rm6b-hydro-treated-vegetable-oil-and-sustainable-aviation

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.